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Volkswagen Group names Paefgen head of classics program

You may remember the name Franz-Josef Paefgen. Until recently, the German engineer and executive was head of both Bentley and Bugatti. Before that he was chief executive of Audi, after working for several years at Ford. He technically "retired" earlier this year, but like the cars he helped create, an executive like Paefgen could never really retire. So it should come as little surprise that the Volkswagen Group has named Dr. Paefgen head of its Classic program.
In his new capacity, Paefgen will oversee the historic automobile activities of the entire VW Group, including those of Volkswagen, Seat, Skoda, Audi, Lamborghini, and of course Bentley and Bugatti. It strikes us as a suitable semi-retirement for the man responsible in no small part for the Bugatti Veyron and Bentley Mulsanne, to name just two, and who was decorated in 2006 by the ACO as the "Spirit of Le Mans" for his contribution to endurance racing. Read the official announcement after the break.

Seat officially unveils new Toledo

One week after leaked images appeared online and just a few days after its sister car, the Škoda Rapid, was revealed, the Seat Toledo has taken a bow. Expected to "write a whole new success story" for the Seat, the five-door and its "timeless personality" has a mission to be "a great car for a great price." All of which sounds like the Spanish marque really has very little to say about their new model, eh?
In contrast to the Škoda's seven powerplant options, three will be on the Seat menu at launch: two petrol-flavored offerings in the form of a 1.2-liter, 73-horsepower TSI and a 1.4-liter, 119-hp TSI, and an oil-burning 1.6-liter, 102-hp TDI. Next year, a less potent 1.6-liter, 88-hp diesel will be added to the range.
We'll have live shots of it from the Paris Auto Salon floor later this fall, after which it will appear in Spanish and Portuguese showrooms before exports expand to other parts of the world. Prices will be announced closer to launch, so scroll down for a presser with the other details on Seat's new baby.

VW CEO Winterkorn happy with rebounding Seat, Skoda

Martin Winterkorn is a happy man: Volkswagen is putting up big numbers in North America, its latest field of dreams, Audi, is breaking records every month, there are exciting cars in the pipeline - from Bugatti down to the XL1, Porsche's digestion continues, and now Skoda and especially Seat are turning in no-questions performance.
It seems Skoda has been on the ups for years, making the most of keen pricing and modern redesigns of the chassis and tech it gets handed down from big brothers VW and Audi. Winterkorn predicts the Czech brand will just about double its 2010 sales by 2018, going from 762,000 to 1.5 million.
Seat, on the other hand, wasn't just on the hotseat a year-and-a-half ago, phrases like "uncertain future" - code for "possible demise" - were rumbling in the background. A new CEO was brought in, new money and new models were thrown against the wall, and the efforts have stuck. The Spanish brand has hit three strong chords with Winterkorn, with increased sales, strong performance in China and anticipated models due. If this keeps up there won't be much left for him to do but, a la Alexander the Great, break down and cry with no worlds left to conquer.